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Last €0.09 EUR
Change Today -0.003 / -3.19%
Volume 0.0
As of 2:00 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

defiance silver corp (D4E) Snapshot

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01/14/15 - €0.13
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defiance silver corp (D4E) Details

Defiance Silver Corp. engages in the acquisition, exploration, and development of silver properties primarily in Mexico. It also explores for lead and zinc deposits. The company has an option to acquire a 100% interest in the San Acacio silver mine consisting of 10 mining concessions totaling 7.46 square kilometers in the Zacatecas Silver District, Mexico. It also holds interest in Minerva property comprises approximately 29,000 hectares located in northern Mexico. The company was formerly known as Defiance Capital Corp. and changed its name to Defiance Silver Corp. in June 2011. Defiance Silver Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

defiance silver corp (D4E) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer and Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

defiance silver corp (D4E) Key Developments

Defiance Silver Corporation Reports the Results of the First Three Holes of its Phase I Core Drilling Program on the San Acacio Deposit

Defiance Silver Corporation reported the results of the first three holes of its Phase I core drilling program on the San Acacio Deposit. Results from the first three holes have extended mineralization by 140m below the limits of the current resource. All three holes were drilled on a single section on the western margin of the project and all intersected broad zones of mineralization at increasing depths. Mineralization continues to be open along strike and down dip.

Defiance Silver Corp. Receives Drill Permit, Secures Surface Rights

Defiance Silver Corp. announced that it has both received a drill permit and secured long-term surface rights that allow for an initial 2000 meter drill program on the San Acacio silver deposit in the historic Zacatecas Silver District. The San Acacio deposit has produced approximately 100 million ounces of silver historically from an epithermal vein with mineralized intersections averaging between 7-10 meters wide but with individual intersections of up to 28 meters wide. The drilling program is focused on significantly increasing the current resource in the northwestern portion of the 1 km long zone of past production below the lower margins of the existing resource blocks. A further 3000 meter drill program will be focused on the southeastern portion of the zone using the same concept. Drilling programs to test the potential along the 4.6 km extension of the vein to the southeast will test the potential along strike. Defiance received formal approval from the Mexican environmental control agency Semarnat of the Informe Preventivo permit application for a total of 5,000 m of drilling that was submitted in early October of this year. Defiance has also secured long-term surface rights which will provide access for the planned drill program on the San Acacio deposit. A 20 year access agreement has been signed with a private land owner for 18 hectares of land covering the northwestern portion of the vein. The agreement includes annual payments in return for access during exploration and development activities, through to and including mining activities. A lease agreement has also been obtained from the Municipality of Veta Grande providing for access to 34 hectares of adjacent ground along the trend of the San Acacio deposit.

Defiance Silver Corp Announces Board Changes

Defiance Silver Corp. announced that Roger Scammell and Paul Smith have joined the Board of Directors. Mr. Roger Scammell has 43 years of experience in the mining and exploration industry primarily in North America and México. From 2004 until December 2010, he was responsible for the administration and execution of exploration, development and initial production of the Nuestra Señora polymetallic silver mine owned by Scorpio Mining Corporation. Mr. Paul Smith spent most of his 36 year career in the non-ferrous mining and smelting industry working with Rio Tinto Zinc, Pasminco, Mount Isa Mines and Pechiney World Trade in the UK and internationally. Most recently he was a founding shareholder and Finance Director of Ocean Partners Holdings Limited. Brian Robertson and Chris Bunka have resigned from the Board of Directors.


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